š $POL /USDT: š Watching for a Breakout Pullback trade setup! ā”ļø
The $POL /USDT pair is currently trading near 0.5187, testing key support and resistance levels. š§
Trading Scenarios:
* Entry: 0.5189
* Take Profit (TP1): 0.5300 šÆ
* Take Profit (TP2): 0.5450 šÆšÆ
* Take Profit (TP3): 0.5600 šÆšÆšÆ
* Stop Loss (SL): 0.5050 ā
Support: 0.5050 š
Resistance: 0.5300 š
A break above resistance (0.5300) could signal a strong bullish move, potentially reaching 0.5450 and even 0.5600. ā¬ļø However, a drop below support (0.5050) might indicate a bearish reversal. ā¬ļø
Market Outlook:
$POL is currently holding above support, showing bullish potential. š¤ A successful break above resistance could confirm an upward trend. š Conversely, a drop below support could signal a pullback. š